News

German car sales continue to rise

* Sales increase 19% in April
* Smaller rise than in March, though
* Other countries experience falls
German car sales continue to rise

Sales of new cars in Germany have continued to rise, as its scrappage scheme entices more buyers into the showroom.

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Germany's VDA automobile federation revealed that car sales had increased by 19% in April, compared with the same period last year.

However, the rise in sales was not as sharp as the 40% figure for March.

The German scrappage scheme gives owners 2500 (around 2200) for trading in a car that's over nine years old.

Other European countries have not fared so well, with France experiencing a fall of 7% in April and 7.5% in Italy for the same period.

The UK's scrappage scheme comes into effect later this month.

  • German car maker BMW, meanwhile, has announced it has made a net loss of 133 million for the first quarter of 2009, as sales of its cars slumped by 13%.

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